As I stand amidst the vibrant city of Madrid at the tail of January, Day One of the 10th Supply Chain Finance Summit (SCFS24) unfolds, bringing together a gathering of key players in supply chain finance. Alejandro Gonzalez, Asset Finance Group Editor at Global Data, reveals more about it.
The spotlight is firmly on the transformative power of fintech companies that are reshaping the landscape of financial services for small and medium enterprises (SMEs).
Supply chain financing, a multifaceted term encompassing solutions catering to diverse working capital needs, takes centre stage. From facilitating early payments to suppliers and extending credit to buyers to adeptly managing receivables, the financial services sector is witnessing a paradigm shift.